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Gatewood Hill, Blackfield, SO45

South East

£750,000
Listed on 16/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1604 sqft

Description

This unique property presents a rare investment opportunity, nestled on an expansive plot of approximately 0.6 acres within the New Forest National Park. With no direct neighbours, the location offers both privacy and stunning access to natural surroundings. The grounds are complemented by various historical outbuildings, some of which require attention or restoration, adding potential for redevelopment or alternative uses. The accommodation includes an entrance lobby, two spacious double bedrooms, a lounge featuring a wood-burning stove with a cozy reading nook, a fitted kitchen, dining room, and bathroom – all boasting pleasant views over the meticulously kept gardens. However, prospective buyers should note that there are indications of structural movement in the bathroom area and potential drainage issues that may complicate financing options. The property is connected to mains water and electricity along with private drainage (cesspit) and heating provided by an LPG Worcester boiler. Any modifications will need to comply with regulations set forth by the New Forest National Park Authority. This residence represents a compelling project for those looking to create their ideal retreat in a highly desirable location.

Investment Analysis

(SO45 area)

Above Market Value

This property is priced +28.4% above area average per sq ft

+28.4%
This Property
£468/sq ft
Area Average
£364/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£642,330
10% above area average per sq ft
Potential ROI
-22.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SO45)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -2.2%
5 year growth: +8.1%
Investment Disclaimer: Analysis based on SO45 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Gatewood Hill, Blackfield, SO45
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,656
Based on a loan of £562,500 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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